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SUPREME COURT HOLDS DECISIONS OF COMMITTEE OF CREDITORS BINDING

The Three Judge Bench #SupremeCourt has in a recent case of Kalpraj Dharamshi and Anr. Vs Kotak Investment Advisors Ltd and Anr. passed a Judgment dated 10-03-2021 regarding whether National Company Law Tribunal (#NCLT) can interfere with the commercial decisions taken by a #committeeofcreditors under the #InsolvencyandBankruptcyCode (the Code).


To read more, please visit the link below:


https://theindianlawyer.in/supreme-court-holds-decisions-of-committee-of-creditors-binding/


#supremecourtofindia #committeeofcreditors #ibc2021 #insolvencyandbankruptcy

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